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What happens to Social Security payments if no debt-ceiling deal is reached?

Por: MarketWatch Politics May 04, 2023

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Read: Last month, Yellen said “a default on our debt would produce an economic and financial catastrophe” and “it is unlikely that the federal government would be able to issue payments to millions of Americans, including our military families and seniors who rely on Social Security.” Also see: The government bumped up against the $31.4 trillion limit on borrowing earlier this year, but has used “extraordinary measures” to continue... + full article



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